The commission that a LIC Insurance agent gets varies from Policy to policy and also based on the term of the policy.

Higher the term, more the commission that the agent gets.

The maximum commission that an agent gets on the first year is 25% for 15 years and above and commission is reduced to 5% after the 4th year.

In some cases, the agents offer to pay the first month premium to encourage us to start the policy (Although this is not ethically or legally permitted).

Attached PDF contains the commission that an LIC agent gets for various policy and the varying term period.

Commission-Rates-to-LIC-Agents.pdf

Choose your policy wisely.

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